The index dropped as much as 911 points from the day's high
Sensex rises 2.1%, Bankex surges 3.8% after SC directions in AGR case
The Sensex ended the session at 33,605, rising 376 points, or 1.1 per cent
Poor factory output data from China also dampened investor sentiment
Gains in European, US futures help index stage a comeback
Fed's assessment of a long-lasting damage to US economy dented risk appetite
Market players said the Nifty has run into technical resistance of 10,300, which happens to be its 100-day moving average
After climbing to 34,928 in intra-day trade, the Sensex settled at 34,371 - 557 off the day's high but 83 points more than the previous close
Stocks in the BSE 500 universe account for nearly 93 per cent of India's market capitalisation.
The Nifty ended the session at 10,062, gaining 0.83 per cent, or 83 points. The Sensex, on the other hand, rose 284 points, or 0.84 per cent, to end the session at 34,110
Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore
Scaling up of new deals and lowering costs are imperative for the up to 33 per cent gains in share prices to sustain
The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826
A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%
The rally has been underpinned by sharp gains in banking stocks. The Bank Nifty index has rallied 9.9 per cent in the past two sessions
Sensex gains 996 points as banking stocks rally
The Sensex closed at 30,028, down 1,069 points, or 3.4%, and the Nifty fell 314 points, or 3.4%, to end at 8,823
For instance, auto sales were almost zero for the month of April, and companies are still limping back to produce vehicles
Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels
The Sensex gained 638 points or 2.03% to close at 32,009, while the Nifty rose 187 points or 2.03% to close at 9,384